Announced Tue, 24 Jun · 11:52 IST

In accordance with the regulation 30 of SEBI (LODR) Regulation 2015, We are enclosing copy of communication being sent to shareholder concerning the proposed transfer of share to the account ....

Corporate Actions View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The company has issued a notice to shareholders who have not claimed their dividend for seven consecutive years starting from FY 2017-18. Under Section 124(6) of the Companies Act, 2013, shares corresponding to such unclaimed dividends are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority. Shareholders have been given until September 27, 2025 to claim their unpaid dividends and avoid the transfer of their shares. If no claim is made by the deadline, the company will proceed to transfer both the unclaimed dividend amount and the corresponding equity shares to the IEPF without further notice.

Likely market impact

This is a routine regulatory compliance notice and does not impact the company's operations or financials. Shareholders who have not claimed dividends since FY 2017-18 risk losing their shares to the IEPF if they do not act before the September 27, 2025 deadline. Shareholders can later reclaim the shares by filing Form IEPF-5 on the IEPF portal.